Laing O’Rourke and Galliford Try have taken on the vast majority of the 69 Imtech UK staff under threat after its waste, water and energy business went into administration earlier this month.
Imtech UK’s water, waste and energy arm was placed into administration after it was left out of a rescue deal put together by private equity firm Endless.
The investment from the buy-out house came after the company’s Dutch parent group filed for insolvency last month. It has allowed Imtech UK & Ireland to remain as an independent business, led by existing management and with an employee headcount of around 2,500.
However, as first revealed by Construction News, the waste, water and energy division was not included in the deal, prompting a rush to find new homes for its employees.
Talks began immediately with the two contractors over saving the jobs of full-time workers at the company.
A spokesman for Imtech UK today confirmed that 55 staff have joined Laing O’Rourke, with a further 12 joining Galliford Try.
Construction News understands that a further 120 agency staff were working in the division when it went into administration.